In this section we will analyze the broker called FX Market Pro, a forex and binary options broker. Although we do not usually make reviews of brokers that do not have their website in English, we decided to do one on FX Market Pro, due to different comments and emails received from different users.
The broker mentions being owned by a group, composed of: Joshua Consulting LTD and Joshu Development Limited, and as for your location, the broker mentions being based on Roseau, capital of Dominica, an island and a Caribbean republic.
If we analyze the regulation of the broker, FX Market Pro It does not mention its regulation, so we believe that it is an unregulated broker.
If now we go on to analyze account types offered by FX Market Pro, we note that it offers 3 types of account: the Micro Account, the Standard Account and the Pro Account.
Micro account: the minimum initial deposit is $ 250, it has support 24 hours, 5 days a week, access to the learning academy will be provided as well as to the trader tools, leverage of up to 1: 200, it is possible to trade with everyone instruments except forex.
Standard Account: the minimum initial deposit is $ 2.500, has 24 hour support, 5 days a week, access to the learning academy will be provided as well as to trader tools and social trading, leverage up to 1: 200 (adjustable) , it is possible to trade with all instruments and risk management will be provided.
The last type of account is the Pro Account: the minimum initial deposit is $ 20.000, has 24 hour support, 5 days a week, access to the learning academy will be provided as well as to the trader tools and social trading, floating spread, leverage of up to 1: 200 (adjustable), it is possible to trade with all instruments, an account manager, and risk management will be provided.
You can see even more features about account types in the following image:
The platforms to operate that the broker offers are: FX Market Pro's own platform.
We will now analyze the different resources and aids for the trader that the FX Market Pro broker provides to its clients on its website.
FX Market Pro provides the following aids or resources: a series of video lessons that explain different trading basics, explanation of how trading works, explanation of trading signals, economic calendar, forex calculator, financial calculator, explanation of social trading , among other tools. It should be clarified that both the web and the tools provided are in English.
Other information about the FX Market Pro broker
We will leave you some more information in case you want to contact the broker, or see their website for yourself.
Phone number: + 442038073395
Ending with this section, in our opinion the broker's reputation is unclear, but we suggest caution Why? It is an unregulated broker, and we think it is new, as we have found practically no comments about it on the internet.
Update December 2017: We note that the owners of FX Market Pro (Joshua Consluting LTD and Joshua Development Limited) are the same owners as Capital Markets Banc, a broker with a very, very negative reputation. Therefore, we do not recommend working with FX Market Pro, we believe that it is not recommended. Thanks to Andrés S for noticing this and informing us.
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